Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
As Galbraith pointed out in The Affluent Society (yes the same book again, it is a great book, everybody should read it), already in 1957 that society produced everything needed, indeed great effort was needed to create all new wants that more production could satisfy.

He also pointed out the already existing solution: the growing New Class that don't really do production or farming, but instead do intellectual labor and is handsomely rewarded for that. He also notes that there is nothing to prevent the New Class to keep growing, indeed it makes society better for the inhabitants of the New Class, increases competition for manual laborers which drives up wages, and also lessens the strains ever expanding production.

What we are seeing now is not the disappearance of jobs, it is the disappearance of good jobs. They are good because good conditions were enforced in an era of full employment. Todays new jobs are created in an era of purposefull high unemployment which means crappy conditions for newly created jobs, and of course continued high unemployment (because that is a feature, not a bug).

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se

by A swedish kind of death on Mon Aug 12th, 2013 at 03:01:20 PM EST
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